PYMNTS
JUNE 8, 2017
Industrial rents in already-expensive cities like Los Angeles and Boston are expected to get a boost because of weed startups, according to Bloomberg Markets. That trend is expected to continue in cities in California, Maine, Massachusetts and Nevada, all of which are now legalizing recreational weed.
PYMNTS
APRIL 16, 2020
The Boston-based company will go public through a reverse merger, under terms of a deal made last December with gaming technology provider SBTech and sports acquisition company Diamond Eagle Acquisition Corp., As part of this deal, shares will be issued in the company’s DEAC Nevada unit as well. which is publicly traded.
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PYMNTS
DECEMBER 23, 2019
Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston.
PYMNTS
DECEMBER 23, 2019
Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston.
PYMNTS
MAY 7, 2020
The company’s Las Vegas properties closed on March 17, and authorities in Nevada have not put a date into place for when casinos can open again. Wynn Resorts runs the Encore and Wynn properties on the Strip as well as properties in Macau and the Encore Boston Harbor.
PYMNTS
JUNE 13, 2018
In January, the CFTC filed the lawsuit in federal court, alleging that a Nevada-based company, its founder, technology entrepreneur Randall Crater, and another individual defrauded more than $6 million from customers seeking to buy My Big Coin. District Judge Rya Zobel in Boston is due to hear arguments in the case on Thursday (June 14).
PYMNTS
SEPTEMBER 17, 2020
DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers. “DraftKings is the preeminent leader in sports betting and daily fantasy sports, and we are excited to be the first NFL team to have an exclusive integrated deal in this category.”.
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